Centuri (NYSE:CTRI) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Centuri (NYSE:CTRI) released its quarterly earnings results on Wednesday. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02, Zacks reports. Centuri had a negative net margin of 8.90% and a negative return on equity of 55.33%. Centuri updated its FY 2025 guidance to EPS.

Centuri Trading Down 2.4 %

Shares of NYSE:CTRI traded down $0.44 during trading on Wednesday, hitting $18.34. The company’s stock had a trading volume of 239,612 shares, compared to its average volume of 386,057. Centuri has a fifty-two week low of $14.47 and a fifty-two week high of $28.65. The business has a 50 day moving average price of $20.78 and a two-hundred day moving average price of $19.13. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.64 and a current ratio of 1.64.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Centuri from $17.00 to $19.00 and gave the stock an “underweight” rating in a research note on Tuesday, January 28th. Robert W. Baird lifted their target price on Centuri from $19.00 to $21.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Centuri has a consensus rating of “Moderate Buy” and an average price target of $18.80.

Centuri Company Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.